Hi-Five Doughnuts is one of my favorite Kentucky businesses, combining local ingredients, awesome female entrepreneurs, incredible marketing, and a fabulous product. Let's celebrate National Doughnut Day with five fun facts about Hi-Five Doughnuts!!!

1. Hi-Five is woman-owned and operated. Leslie Wilson and Annie Harlow began their business running a food truck, affectionately named Shelby, then opened a storefront in Louisville's Butchertown neighborhood.

The bacon-glazed doughnut is amazing, y'all.

2. The business name pays tribute to the legend that the custom of giving a high-five was invented in a U of L basketball practice in the 1970s.

3. Hi-Five has trademarked their hashtag! When you talk about the #ladiesofthemorning, then according to to the US Patent and Trademark office you're referencing Hi-Five Doughnuts!

4. The Hi-Five business model is so cool, a book has been written about it! Dr. Lyle Sussman of U of L's College of Business wrote "Breaking the Glaze Ceiling: Sweet Lessons for Entrepreneurs, Innovators and Wannabes", which establishes 12 business principles based on Leslie and Annie's success. In interviewing the Doughnut Ladies for a prior article, I was so impressed that they built the entire enterprise on a no-debt model, opting instead to purchase only what they could afford at any given time.

That's cinnamon glaze + Cinnamon Toast Crunch. You need it in your life.

5. Everybody loves Hi-Five! The Travel Channel has visited them, they're a staple at local events like the Forecastle Festival, and they're often served as a finishing touch at local galas and weddings.